Go Back   Traders Laboratory > Futures Market > E-mini Futures

E-mini Futures Dow mini's, S&P's, Russell, etc...


Reply
Bookmarks
del.icio.us StumbleUpon Google Digg Facebook Furl Reddit Netscape

 
LinkBack Thread Tools Display Modes Language
  #1 (permalink)  
Old 03-02-2007, 09:09 AM
kingking kingking is offline
Premium Trader

 
Join Date: Jan 2007
Posts: 15
Thanks: 0
Thanked 0 Times in 0 Posts
Unreal profit from YM on 1 March 07

The market has been votalie for the past few days so I am preparing for another wild move. On 1 March 07, YM dropped over 100 points in the premaket from previous day. At market open I notcied A/D was at -1700 and the tick was negative. Price started crwaling up some points and attempted to move its way to S1 at 12172. Around 30 second later, I showed price reverse and I went shot at 12149 (9:31) (Red arroow) because I take the chance the price will not test PP again with a 10 points of stop placement and my usual 12 points take profit. When price start dropping, I sense the flow of price is so smooth on the down side from the DOM so I make my decesion to widen my target profit by hitting the increase target button 20 points. In the next few second, price declined rapidly so I make another 3 hits on the button. Yes three hits. I expect price should move to somwhere around 12071 S2. But when price hit the S2, I still expect price to drop further. Price start retracing and I close out my trade at 12079 (9:34) for 70 points. I could not believe it. This is the reture of a single contract! Hope to see more unrealistic profit from the market.
Attached Images
File Type: png YM 1 Mar 07.png (59.1 KB, 65 views)

Reply With Quote
  #2 (permalink)  
Old 03-02-2007, 01:16 PM
TinGull's Avatar
TinGull TinGull is offline
Moderator

Trader Specs
 
Join Date: Oct 2006
Location: Stockton Springs, Maine
Posts: 1,469
Thanks: 0
Thanked 13 Times in 7 Posts
Send a message via AIM to TinGull
Re: Unreal profit from YM on 1 March 07

Very nice trade king!!!!

Reply With Quote
  #3 (permalink)  
Old 03-05-2007, 01:06 AM
The Bear The Bear is offline
Registered Trader

 
Join Date: Mar 2007
Posts: 168
Thanks: 0
Thanked 0 Times in 0 Posts
Re: Unreal profit from YM on 1 March 07

Quote:
View Post
The market has been votalie for the past few days so I am preparing for another wild move. On 1 March 07, YM dropped over 100 points in the premaket from previous day. At market open I notcied A/D was at -1700 and the tick was negative. Price started crwaling up some points and attempted to move its way to S1 at 12172. Around 30 second later, I showed price reverse and I went shot at 12149 (9:31) (Red arroow) because I take the chance the price will not test PP again with a 10 points of stop placement and my usual 12 points take profit. When price start dropping, I sense the flow of price is so smooth on the down side from the DOM so I make my decesion to widen my target profit by hitting the increase target button 20 points. In the next few second, price declined rapidly so I make another 3 hits on the button. Yes three hits. I expect price should move to somwhere around 12071 S2. But when price hit the S2, I still expect price to drop further. Price start retracing and I close out my trade at 12079 (9:34) for 70 points. I could not believe it. This is the reture of a single contract! Hope to see more unrealistic profit from the market.
This is impressive. You've got the skills to hold on like that. This is what will separate you from the greenhorns.

Reply With Quote
Reply



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Similar Threads
Thread Thread Starter Forum Replies Last Post
Arts of stop placment and profit target kingking Beginners Forum 24 03-01-2007 01:52 AM
Dollar profit targets rally64 Data Feeds 0 12-28-2006 02:04 PM


All times are GMT -4. The time now is 05:03 PM.

 


1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59